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How Macroeconomic Forecasters Adjusted During the COVID-19 Pandemic.

Authors :
Ho, Paul
Source :
Richmond Fed Economic Briefs; 6/15/2021, Vol. 21 Issue 19, p1-6, 6p
Publication Year :
2021

Abstract

In other words, the economy appeared to have been hit by a single shock that could be captured by the COVID-19 data, while the typical drivers of the economy behaved similar to how they had in the past, with variances matching previous large recessions. The COVID-19 pandemic has posed substantial challenges for macroeconomic forecasting. [Extracted from the article]

Details

Language :
English
Volume :
21
Issue :
19
Database :
Complementary Index
Journal :
Richmond Fed Economic Briefs
Publication Type :
Academic Journal
Accession number :
151148472